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Re: Israel, Hamas, Hezbollah, Iran … War
BP profits more than double as Iran war sends oil prices higher
https://www.bbc.co.uk/news/articles/c2eveyvgn9no
Quote:
In its first results since the conflict broke out, the energy giant reported profits of $3.2bn (£2.4bn) between January and March after an "exceptional" performance in its oil trading business.
The figure was far higher than analysts had expected and more than double the $1.38bn it reported in the same period last year.
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Quote:
Profits at the company's customers and products division, which includes its oil trading unit, surged to $2.5bn compared with just $103m a year ago.
However, BP said its upstream production - which refers to the search and extraction of oil and gas - had been flat in the quarter.
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---------- Post added at 09:37 ---------- Previous post was at 07:58 ----------
Russian superyacht sails through Strait of Hormuz despite blockade
https://www.bbc.co.uk/news/articles/cm2pn8zdxdjo
Quote:
A superyacht linked to one of Russian President Vladimir Putin's key allies has sailed through the Strait of Hormuz, despite the ongoing blockade of the critical shipping channel.
The 142m-long (465 feet) Nord luxury boat, linked to sanctioned Russian billionaire Alexey Mordashov, travelled from Dubai to Muscat, Oman over the weekend, one of a few private vessels to transit through the strait in recent months.
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